For Immediate Release March 23, 2017
Cairn India Limited
National Company Law Tribunal approves merger of Cairn India Limited with Vedanta LimitedThe National Company Law Tribunal, Mumbai Bench ("Tribunal"), has today approved the Scheme of Arrangement between Cairn India Limited and Vedanta Limited, and their respective shareholders and creditors ("Scheme"). The certified copy of the order is awaited from the Tribunal.
About Cairn IndiaCairn India is one of the largest independent oil and gas exploration and production companies in India. It is headquartered in Gurgaon in the National Capital Region. A subsidiary of Vedanta Limited; part of the Vedanta Group, a globally diversified natural resources group, Cairn India has operational offices in Andhra Pradesh, Gujarat, Rajasthan and Tamil Nadu. The Company has a world-class resource base, with interest in seven blocks in India and one in South Africa. Cairn India's focus on India has resulted in a significant number of oil and gas discoveries. Cairn India made a major oil discovery (Mangala) in Rajasthan in the north west of India at the beginning of 2004. To date, thirty eight discoveries have been made in the Rajasthan block RJ-ON-90/1.Together with its JV partners, Cairn India accounted for ~27% of India's domestic crude oil production for FY16.
For further information on Cairn India Limited, kindly visit www.cairnindia.com
ContactMedia Relations
Arun Arora, Chief Communication Officer
+91 124 4593039; +91 8826999270; cilmedia@cairnindia.com
CAIRN INDIA LIMITED Page 1 of 1CIN: L11101MH2006PLC163934
Registered Office: 1st Floor, Wing C, Unit No. 103, Wing 2 | Corporate Avenue | Chakala Andheri (East) | Mumbai 400 093 Telephone: +91 22 26434500 | Facsimile: +91 22 66434652 | www.cairnindia.com
DLF Atria | Phase 2 | Jacaranda Marg | DLF City | Gurgaon 122002 | Haryana | India| | Telephone: + 91 124 459 3000, 414 1360 | Facsimile: + 91 124
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